International Business Machines Corporation
MX ˙ BMV ˙ US4592001014
SecurityMX:IBM / International Business Machines Corporation
InstitutionSaturna Capital CORP
Latest Disclosed Ownership1,632 shares
Latest Disclosed Value $ 395,580
Saturna Capital CORP reports 16.56% decrease in ownership of IBM / International Business Machines Corporation

On May 11, 2026 - Saturna Capital CORP filed a 13F-HR form disclosing ownership of 1,632 shares of International Business Machines Corporation (MX:IBM) valued at $395,580 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 1,956 shares of International Business Machines Corporation. This represents a change in shares of -16.56% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-11 2026-03-31 13F International Business Machines COM 459200101 1,632 -324 -16.56 396 -31.78 0.0056
2026-02-11 2025-12-31 13F International Business Machines Common Stock 459200101 1,956 -368 -15.83 579 -11.60 0.0077
2026-02-11 2025-12-31 13F International Business Machines Common Stock 459200101 1,956 579
2026-02-11 2025-12-31 13F International Business Machines Common Stock 459200101 1,956 579
2026-02-11 2025-12-31 13F International Business Machines Common Stock 459200101 1,956 579
2026-02-11 2025-12-31 13F International Business Machines Common Stock 459200101 1,956 579
2025-11-14 2025-09-30 13F International Business Machines Common Stock 459200101 2,324 0 0.00 656 -4.38 0.0085
2025-08-12 2025-06-30 13F International Business Machines Common Stock 459200101 2,324 0 0.00 685 18.72 0.0093
2025-05-02 2025-03-31 13F International Business Machines Common Stock 459200101 2,324 0 0.00 578 13.14 0.0087
2025-02-07 2024-12-31 13F International Business Machines Common Stock 459200101 2,324 201 9.47 511 8.74 0.0069
2024-11-05 2024-09-30 13F International Business Machines Common Stock 459200101 2,123 80 3.92 469 32.86 0.0061
2024-07-31 2024-06-30 13F International Business Machines Common Stock 459200101 2,043 2,043 353 0.0047
2019-05-15 2019-03-31 13F International Business Machines Common Stock 459200101 0 -2,200 -100.00 0 -100.00
2019-02-08 2018-12-31 13F International Business Machines Common Stock 459200101 2,200 0 0.00 250 -24.92 0.0084
2018-11-13 2018-09-30 13F International Business Machines Common Stock 459200101 2,200 0 0.00 333 8.47 0.0097
2018-08-02 2018-06-30 13F International Business Machines Common Stock 459200101 2,200 0 0.00 307 -9.17 0.0098
2018-05-09 2018-03-31 13F International Business Machines Common Stock 459200101 2,200 0 0.00 338 0.00 0.0107
2018-02-05 2017-12-31 13F International Business Machines Common Stock 459200101 2,200 0 0.00 338 5.96 0.0103
2017-11-14 2017-09-30 13F International Business Machines Common Stock 459200101 2,200 0 0.00 319 -5.62 0.0103
2017-08-14 2017-06-30 13F International Business Machines Common Stock 459200101 2,200 0 0.00 338 -11.75 0.0112
2017-05-15 2017-03-31 13F International Business Machines Common Stock 459200101 2,200 0 0.00 383 4.93 0.0130
2017-02-14 2016-12-31 13F International Business Machines Common Stock 459200101 2,200 0 0.00 365 4.58 0.0128
2016-11-14 2016-09-30 13F International Business Machines Common Stock 459200101 2,200 -150 -6.38 349 -2.24 0.0114
2016-08-08 2016-06-30 13F International Business Machines Common Stock 459200101 2,350 0 0.00 357 0.28 0.0114
2016-05-13 2016-03-31 13F International Business Machines Common Stock 459200101 2,350 0 0.00 356 10.22 0.0114
2016-02-12 2015-12-31 13F International Business Machines Common Stock 459200101 2,350 -930 -28.35 323 -32.14 0.0100
2015-12-04 2015-09-30 13F International Business Machines Common Stock 459200101 3,280 -500 -13.23 476 -22.60 0.0150
2015-08-13 2015-06-30 13F International Business Machines Common Stock 459200101 3,780 0 0.00 615 1.32 0.0173
2015-05-01 2015-03-31 13F International Business Machines Common Stock 459200101 3,780 0 0.00 607 0.17 0.0163
2015-02-11 2014-12-31 13F International Business Machines Common Stock 459200101 3,780 0 0.00 606 -15.60 0.0158
2014-11-13 2014-09-30 13F International Business Machines Common Stock 459200101 3,780 0 0.00 718 4.82 0.0192
2014-08-14 2014-06-30 13F International Business Machines Common Stock 459200101 3,780 -41,203 -91.60 685 -92.09 0.0178
2014-05-14 2014-03-31 13F International Business Machines Common Stock 459200101 44,983 -195,350 -81.28 8,659 -80.79 0.2277
2014-02-11 2013-12-31 13F International Business Machines Common Stock 459200101 240,333 -18,897 -7.29 45,079 -6.09 1.1506
2013-11-12 2013-09-30 13F International Business Machines Common Stock 459200101 259,230 50 0.02 48,004 -3.08 1.2756
2013-08-14 2013-06-30 13F International Business Machines Common Stock 459200101 259,180 259,180 49,532 1.3541
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.